New Mexico Educational Retirement Board cut its stake in shares of Morgan Stanley (NYSE:MS) by 2.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 129,495 shares of the financial services provider’s stock after selling 2,900 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Morgan Stanley were worth $6,238,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of MS. Janus Henderson Group PLC grew its stake in Morgan Stanley by 5,268.0% in the 2nd quarter. Janus Henderson Group PLC now owns 9,590,843 shares of the financial services provider’s stock valued at $427,365,000 after acquiring an additional 9,412,177 shares during the last quarter. Lazard Asset Management LLC lifted its holdings in Morgan Stanley by 801.0% in the 2nd quarter. Lazard Asset Management LLC now owns 5,321,327 shares of the financial services provider’s stock valued at $237,117,000 after purchasing an additional 4,730,704 shares in the last quarter. Epoch Investment Partners Inc. lifted its holdings in Morgan Stanley by 92.0% in the 2nd quarter. Epoch Investment Partners Inc. now owns 9,653,836 shares of the financial services provider’s stock valued at $430,175,000 after purchasing an additional 4,625,783 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in Morgan Stanley by 94.3% in the 2nd quarter. Alliancebernstein L.P. now owns 7,091,745 shares of the financial services provider’s stock valued at $316,008,000 after purchasing an additional 3,442,450 shares in the last quarter. Finally, Standard Life Investments LTD lifted its holdings in Morgan Stanley by 837.7% in the 2nd quarter. Standard Life Investments LTD now owns 3,570,298 shares of the financial services provider’s stock valued at $159,038,000 after purchasing an additional 3,189,560 shares in the last quarter. 85.60% of the stock is currently owned by institutional investors and hedge funds.

In other news, insider Jeffrey S. Brodsky sold 16,397 shares of the firm’s stock in a transaction that occurred on Wednesday, October 18th. The shares were sold at an average price of $50.07, for a total transaction of $820,997.79. Following the completion of the sale, the insider now owns 111,776 shares of the company’s stock, valued at $5,596,624.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Alistair Darling sold 3,850 shares of the firm’s stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of $49.29, for a total transaction of $189,766.50. Following the sale, the director now directly owns 14,218 shares of the company’s stock, valued at approximately $700,805.22. The disclosure for this sale can be found here. Insiders sold 85,247 shares of company stock valued at $4,284,364 in the last ninety days. 0.35% of the stock is owned by corporate insiders.

Shares of Morgan Stanley (MS) traded down $0.54 during trading hours on Friday, reaching $52.64. 8,190,000 shares of the company’s stock traded hands, compared to its average volume of 9,361,194. The company has a debt-to-equity ratio of 2.68, a current ratio of 0.74 and a quick ratio of 0.74. Morgan Stanley has a one year low of $40.06 and a one year high of $54.25. The firm has a market capitalization of $96,125.99, a P/E ratio of 14.73, a price-to-earnings-growth ratio of 1.25 and a beta of 1.64.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings data on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.12. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.07%. The company had revenue of $9.20 billion during the quarter, compared to the consensus estimate of $9.05 billion. During the same quarter last year, the company earned $0.80 earnings per share. Morgan Stanley’s revenue for the quarter was up 3.2% on a year-over-year basis. equities research analysts anticipate that Morgan Stanley will post 3.57 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.90%. The ex-dividend date of this dividend was Monday, October 30th. Morgan Stanley’s dividend payout ratio (DPR) is 27.70%.

MS has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $49.00 target price on the stock in a report on Monday, September 11th. ValuEngine lowered shares of Morgan Stanley from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. J P Morgan Chase & Co set a $53.00 target price on shares of Morgan Stanley and gave the company a “buy” rating in a report on Friday, September 15th. upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $53.00 price objective on the stock in a report on Friday, September 15th. Finally, Buckingham Research increased their price objective on shares of Morgan Stanley from $54.00 to $57.00 and gave the stock a “buy” rating in a report on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $50.89.

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Morgan Stanley Profile

Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.

Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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